1123 GMT - Mercedes-Benz delivered a third-quarter beat across the board and resumed share buybacks, which could prompt 5% consensus upgrades to full-year adjusted EBIT, UBS analysts write. Adjusted EBIT, free cash flow and the 2 billion-euro share buyback all beat consensus, UBS says. "We think resuming share buyback was expected by consensus but the relatively high amount sends a signal of confidence." The adjusted EBIT margin in cars of 4.8% compares with guidance at the lower end of the 4%-6% range, while the tariff hit was relatively low at between 300 million and 400 million euros. Vans reached a 10.2% margin versus consensus at 9.4%, and free cash flow was solid at 1.4 billion euros. Shares rise 5.9%. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
October 29, 2025 07:23 ET (11:23 GMT)
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